Well said Chris. I too believe the key is buy what you can afford and where you like the area. If you cant afford it, don’t do it. Buying somewhere just because you think values will rise more there is the recipe for disaster that we are currently taking out of the oven. While a home shouldnt be viewed primarily as an investment, when you get around to buying, find an area you like and can afford. Then doing your best to figure out what will appreciate best in that particular area should help reduce the downside risk to your homes value.
